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OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 12 Months Ended
Dec. 31, 2012
Other Intangible Assets and Mortgage Servicing Rights [Abstract]  
Schedule of Changes in Intangible Assets
The following table summarizes the changes in the Company’s other intangibles for the years ended December 31, 2010, 2011 and 2012 (in thousands):
 
Core Deposit
Intangibles
 
Other
 
Total
Balance, December 31, 2009
$
11,057

 
$
13

 
$
11,070

Amortization
(2,459
)
 
(2
)
 
(2,461
)
Balance, December 31, 2010
8,598

 
11

 
8,609

Amortization
(2,276
)
 
(2
)
 
(2,278
)
Balance, December 31, 2011
6,322

 
9

 
6,331

Amortization
(2,092
)
 
(9
)
 
(2,101
)
Balance, December 31, 2012
$
4,230

 
$
—

 
$
4,230
Schedule of Estimated Annual Amortization Expense
Estimated amortization expense in future years with respect to existing intangibles as of December 31, 2012 (in thousands):
Year Ended
Core Deposit
Intangibles
 
Other
 
Total
December 31, 2013
$
1,908

 
$
—

 
$
1,908

December 31, 2014
1,724

 
—

 
1,724

December 31, 2015
598

 
—

 
598

Net carrying amount
$
4,230

 
$
—

 
$
4,230
Schedule of Servicing Assets at Amortized Value
An analysis of the mortgage servicing rights for the years ended December 31, 2012, 2011 and 2010 is presented below (in thousands):
 
Years Ended December 31
 
2012
 
2011
 
2010
Balance, beginning of the year
$
5,584

 
$
5,441

 
$
5,703

Amounts capitalized
3,662

 
1,928

 
1,736

Amortization (1)
(2,602
)
 
(1,785
)
 
(1,998
)
Valuation adjustments in the period
(400
)
 
—

 
—

Balance, end of the year
$
6,244

 
$
5,584

 
$
5,441


(1) 
Amortization of mortgage servicing rights is recorded as a reduction of loan servicing income and any unamortized balance is fully written off if the loan repays in full.